Source · Select Committees · Treasury Committee
Recommendation 2
2
Paragraph: 23
Lack of clear plan for extending EIS and VCT sunset clauses is damaging
Conclusion
The Treasury continues to express the importance of the EIS and VCT schemes and a desire to extend their sunset clauses. The Chancellor has told us he does not see a barrier to doing so. However, despite our raising concerns repeatedly, the Treasury has not provided a clear plan and timeframe for this extension. As the April 2025 deadline draws closer, this lack of firm action is damaging given that investment relies on the certainty of such support.
Paragraph Reference:
23
Government Response
A response document is linked to this report, dated 20 October 2023. Response attribution to this conclusion has not been verified. Read the response document ↗